Mali’s gold output is said to have dropped 32% after Barrick halts the Loulo-Gounkoto mine. The government enforces a 35% local ownership requirement, thereby increasing state influence. Over 560B XOF ...

President Traoré signals plan to expand state role in gold exploitation New mining code allows state to raise free stake to 15% and buy 30% more Burkina Faso eyes 50% in Kiaka mine after moves on ...

Nigeria’s pension regulator raised minimum capital for pension fund administrators (PFAs) to ₦20 billion from ₦5 billion, and for pension fund custodians (PFCs) to ₦25 billion from ₦2 billion. The ...

Aurum will drill up to 130,000 meters in 2025 at its Boundiali gold project, up from the initially planned 100,000 meters. Resources at Boundiali already rose 50% this year to 2.41 million ounces, ...

Oil union PENGASSAN halted crude and gas supply to Dangote Refinery, accusing it of firing 800 Nigerian workers. The refinery briefly suspended fuel sales in naira, raising fears of renewed ...

Mark Bristow, who led Randgold before its 2019 merger with Barrick, has stepped down with immediate effect. The board has yet to name a permanent successor, appointing Mark Hill as interim deputy CEO.

U.S. DFC invests $4.6M in Malawi’s Songwe Hill rare earth project • Funds support engineering studies; repayment tied to project success • Move aligns with U.S. push to reduce rare earth reliance on ...

OCP revenue up 21% to $5.7B in H1 2025 • Growth driven by strong demand, rising global fertilizer prices • New production lines to boost output in second half of 2025 Morocco’s OCP Group, a major ...

Côte d’Ivoire signs $156.8M farm deal with Italy’s BF Group • 10,000-hectare project aims to cut food imports, boost crops • BF expands West Africa presence with projects in Ghana, Senegal Côte ...

Namibia’s Kameelburg rare earth deposit revised to 520M tons TREO • Multiple projects attract Japan, EU as demand shifts from China • Sector still faces financing, permitting hurdles before commercial ...

Ecobank sells 99% stake in Mozambique unit to FDH Bank • Move aligns with strategy to focus on core competitive markets • FDH Bank takes full control; Ecobank to support via partnerships Ecobank ...

Algeria to issue first sovereign sukuk worth $2.3 billion • Bonds aim to fund budget deficit, tap informal savings • Sukuk open to nationals only, backed by public real estate assets Algeria is set to ...